In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Draper Commercial Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Guardhouse, Tigers Road, Wigston, Leicester, LE18 4WS.

These financial statements have been prepared in accordance with applicable accounting standards including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value. The principal accounting policies adopted are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets over their useful lives on the following bases:

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit and loss account.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Debtors and creditors with no stated interest rate and receivable or payable within one year are measured at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is also provided in respect of the tax liability based on the fair value of properties less their tax value. The deferred tax balance has not been discounted.

The average monthly number of persons (including directors) employed by the company during the year was:

The company has adopted the exemption under FRS 102 paragraph 16.9A and has elected to measure a freehold property held at the date of transfer at its fair value and use this value as the deemed cost for this property.

The historical cost equivalent of property stated at fair value is £108,484 (2025 £108,484 - previously disclosed with investment properties).

The fair value of investment properties at 31 January 2026 has been arrived at on the basis of a valuation completed on 12 May 2025 by Peter Tew & Co., Chartered Surveyors. The valuation was made on an open market basis. It is the director's view the valuations were unchanged as at 31 January 2026.

The historical cost equivalent of investment properties stated at fair value is £9,009,904 (2025: £6,600,712).

Included in debtors, at the end of the accounting period £129,956 (2025 - £612,164) was owed by a company under common control. The loan is interest free and repayable on demand. Also included in debtors, the company's parent company owed £1,767,043 (2025 - £1,771,828) at the year end. The loan is interest free and repayable on demand.